Cost of Living in Altus, OK
Population 18,670 · Oklahoma · Data vintage 2023
(100 = US avg)
Altus sits on the smaller end of the Oklahoma city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 6.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 70 miles northwest of Wichita Falls, Altus is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 12% lower than Wichita Falls' $143,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Altus
The median home value in Altus is $124,800 — 59% below the national median of $305,000. Median rent runs $897/month, 32% lower than the national median of $1,314/month. The median household income of $55,550/year is 26% lower than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Oklahoma's top state income tax rate is 4.8% and the combined sales tax is 9.0%. The climate averages highs of 73.7°F and lows of 50.1°F. Overall, Altus has a cost of living index of 52 versus the US average of 100, meaning it is 48% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 51 | 55 | 64 | 73 | 82 | 92 | 97 | 95 | 87 | 75 | 62 | 52 |
| Low °F | 28 | 32 | 40 | 48 | 58 | 68 | 73 | 71 | 64 | 51 | 39 | 30 |
| Precip" | 0.67 | 0.98 | 1.85 | 2.94 | 4.15 | 3.35 | 2.72 | 2.76 | 2.90 | 2.85 | 1.52 | 1.30 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Altus, OK?
Altus has a cost index of 52 (100 = national average). It is 48% below the national average.
What is average rent in Altus, OK?
The median gross rent in Altus is $897 per month based on 2023 Census data.
What is the average home price in Altus?
The median home value in Altus is $124,800 according to Zillow and Census data.
What is the median income in Altus?
The median household income in Altus is $55,550 per year (2023 ACS 5-year estimates).
What is the sales tax in Altus, OK?
The combined state and local sales tax rate in Altus is 9.0%. The Oklahoma state income tax top rate is 4.8%.
Is Altus, OK affordable?
Yes, Altus is generally considered affordable, with a cost of living index of 52 — about 48% below the US national average of 100.
What is the weather like in Altus?
Altus has average high temperatures of 73.7°F and average lows of 50.1°F. Annual precipitation is 28". Data from NOAA 1991–2020 Climate Normals.
Altus at a Glance
- Population
- 18,670
- Median Income
- $55,550
- Home Value
- $124,800
- Median Rent
- $897/mo
- Unemployment
- 6.2%
- Avg High Temp
- 73.7°F
- Sales Tax
- 9.0%
Explore county-level cost of living data
Oklahoma Rankings
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